- cross-posted to:
- localllama@sh.itjust.works
- cross-posted to:
- localllama@sh.itjust.works
further details:
Meanwhile, the French financing will include commitments from the United Arab Emirates, American and Canadian investments funds and French companies like telecommunications firms Iliad and Orange, and aerospace and defense group Thales
A few days before France’s AI Action Summit, which kicked off on Monday, the UAE said it would invest between 30 billion euros and 50 billion euros in the construction of a one-gigawatt AI data center in France as part of a campus focused on the technology’s development.
https://www.cnbc.com/2025/02/10/frances-answer-to-stargate-macron-announces-ai-investment.html
Will this be done through funding colleges and universities, doctorates and other publicly funded projects and initiatives?
If so, good. AI might be a good tool, after a long, curated, legally directed and supervised, period of investigation, to create safe tools for public use.
If not, and this money is to be thrown out to private companies, with little to no oversight, it is pure waste of resources, badly needed to fund other social sectors.
Looks like it is comparable to the US Stargate announcement, the money is coming from private companies and going into private investment, which is amazing, I wish France24 had been a bit more specific:
Meanwhile, the French financing will include commitments from the United Arab Emirates, American and Canadian investments funds and French companies like telecommunications firms Iliad and Orange, and aerospace and defense group Thales
A few days before France’s AI Action Summit, which kicked off on Monday, the UAE said it would invest between 30 billion euros and 50 billion euros in the construction of a one-gigawatt AI data center in France as part of a campus focused on the technology’s development.
https://www.cnbc.com/2025/02/10/frances-answer-to-stargate-macron-announces-ai-investment.html
European companies investing in Europe AND into leading edge technologies? Crazy
And additionally, they need to cough up that money without defunding other research. Because that’s what tends to happen. And I’ve read some articles talking about how Europe cuts down on funding Free Software projects, and they want to reallocate that money towards AI research. I think investing in research is always a good thing, even if some people here don’t seem to like AI. It just can’t be at the cost of something important.
https://edri.org/our-work/european-commission-cuts-funding-support-for-free-software-projects/